i absolutely share your opinion. I cant speak about the finer details in your 2nd post, i just dont know enough. However, I may have stated in a much earlier post about how i am concerned about their finances moving forward and how the JFE agreement was probably their only lifeline going forward, due to the ever diminishing shareholder sentiment, low market cap and 0 assets to take a loan against. There simply isnt any other means to get cash. And with a burn rate as high as it is, the long push to December is a time bomb. It was already dire and now its just rotten.
I genuinely think the project is dead in the water.
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- Ann: Cleansing Statement - Section 708A(12C)(e)
MGT
magnetite mines limited.
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8.5¢

Ann: Cleansing Statement - Section 708A(12C)(e), page-5
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Last
8.5¢ |
Change
0.004(4.94%) |
Mkt cap ! $10.31M |
Open | High | Low | Value | Volume |
8.1¢ | 8.5¢ | 8.1¢ | $382 | 4.655K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 9000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138 | 0.081 |
6 | 52250 | 0.080 |
1 | 13000 | 0.079 |
3 | 134935 | 0.077 |
1 | 39473 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 9000 | 1 |
0.090 | 2000 | 1 |
0.094 | 108545 | 1 |
0.095 | 51200 | 2 |
0.099 | 20000 | 1 |
Last trade - 13.45pm 07/07/2025 (20 minute delay) ? |
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